Captain MS Dhoni, Virat Kohli, Suresh Raina, R Ashwin and Bhuvneshwar Kumar are in Grade A. Bhuvneshwar is the latest entrant in the elite list. Sachin Tendulkar, who was in Grade A last year, is not part of it since he has retired.
Last season, both Yuvraj and Gambhir were in Grade B. Bhuvneshwar has been promoted to Grade A from B. Mohammed Shami has also moved from 'C' to 'B'.
Karnataka's young opening batsman KL Rahul, who has done well in last season's domestic tournaments, has been rewarded with a Grade C contract. He is currently part of the Indian Test squad in Australia.
Young left-arm all-rounder Axar Patel too has made it to Grade C. He was today picked for Test team in place of the injured Ravindra Jadeja. Also in 'C' list is Kerala's talented youngster Sanju Samson.
Legspinner Karn Sharma, left-arm chinaman bowler Kuldeep Yadav, Varun Aaron, Robin Uthappa, Parvez Rasool, Manoj Tiwary, Dhawal Kulkarni, Stuart Binny and Pankaj Singh are the other new faces in 'C' list, which has been increased to 16 from 9.
Ambati Rayudu has been promoted from 'C' to 'B'. Dinesh Karthik, Jaydev Unadkat (both Grade C) have been omitted. Seniors Virender Sehwag, Harbhajan Singh and Zaheer Khan had lost their contracts last year and there is no comeback for them.
Full list of BCCI's contracted players for 2014-15 season
Note: BCCI has not announced how much players will be paid in each grade. Last season it was Rs 1 crore (A), Rs 50 lakhs (B) and Rs 25 lakhs (C). The payment structure will be announced after the AGM.
Grade A (5 players)
MS Dhoni, Virat Kohli, Suresh Raina, R Ashwin and Bhuvneshwar Kumar
In - Bhuvneshwar Kumar. Out - Sachin Tendulkar (retired).
Grade B (11)
Pragyan Ojha, Murali Vijay, Cheteshwar Pujara, Ravindra Jadeja, Ishant Sharma, Shikhar Dhawan, Umesh Yadav, Rohit Sharma, Ajinkya Rahane, Ambati Rayudu and Mohammed Shami.
Out - Yuvraj Singh, Gautam Gambhir. In - Mohammed Shami, Ambati Rayudu (both promoted from C), Ajinkya Rahane
Grade C (16)
Amit Mishra, Varun Aaron, Wriddhiman Saha, Stuart Binny, Pankaj Singh, R Vinay Kumar, Mohit Sharma, Dhawal Kulkarni, Parvez Rasool, Axar Patel, Manoj Tiwary, Robin Uthappa, Karn Sharma, Sanju Samson, Kuldeep Yadav and KL Rahul.
Out - Dinesh Karthik, Jaydev Unadkat. In - Varun Aaron, Stuart Binny, Pankaj Singh, Dhawal Kulkarni, Parvez Rasool, Axar Patel, Manoj Tiwary, Robin Uthappa, Karn Sharma, Sanju Samson, Kuldeep Yadav and KL Rahul
Note: BCCI said, "Such players who are not in the lists will be placed in Grade C as and when they represent India in Tests/ODIs/T20 Internationals during this season".